Altcoins On The Move – BossCrypto – Medium
QKC (QuarkChain) — QKC is a high speed blockchain with their eyes set on 100,000 TPS thanks to their reshardable two-layered blockchain. With 6450 nodes and 256 shards and presented a live demo of 10K+ TPS their testnet (now 2.0) is looking good. Mainnet is due to launch this quarter 2019 so it will be interesting to see if they can stick to that.
The company is still in their early stages and while their tech is promising, they are being followed by a lot of hype.
ENJ (Enjin Coin) — I am personally bullish on almost anything gaming in the near future and the ability to tie virtual goods to the blockchain sounds like an idea with a lot of potential. But good ideas don’t “pay the bills”.
The Unity partnership for me is the biggest pro, it has been a while in the making but finally the Blockchain SDK has been submitted and approved by Unity. Once the SDK is launched on the asset store, Unity will promote and market Enjin Blockchain SDK to all developers as partners of Unity, reaching millions of Devs on the asset store.
Looking through the recent games/ game studios that have announced partnership adoption is not there yet. I suspect it won’t come near mainstream adoption for a long time and that is my biggest concern.
ZIL (Zilliqa) — “Today, we are taking a leap towards our vision of enabling innovative blockchain-powered solutions to real-world problems. With this launch, Zilliqa is now the first public blockchain platform to successfully implement sharding, to address one of the biggest challenges to mainstream blockchain adoption — scalability.” — Xinshu Dong CEO & Co-founder
They have a solid product, strong team and seem to be committed to improvement. It is important to note, however, that it is also factored into the price as they current sit at #34 on CMC around 130m market cap.
KMD (Komodo) — In between ZIL and ZEN I want to talk about a project that is a mixture of the two, and more. KMD has made the bold claim that it will be able to handle 1,000,000 TPS (compared to ZIL that, last I heard has maxed out at around 2,828). KMD have already hit 20,000TPS and sustained over 19,000 for 14 minutes.
Combined with the speed of the network, it retains the zk- SNARKs features which means it is also competing with ZEN. On top of that you can build dApps on of their blockchain and/or launch your own ICO. Talk about doing it all.
ZEN (Horizen) — Formerly ZenCash, is one of the top contenders in the privacy space. It is also a favourite for Grayscale (investment trust) who is currently holding 5% of circulating supply, roughly.
BAT (Brave)— 4.6m active monthly users in such a short amount of time is impressive. Their native ads are being tested at the moment and should be released in the near future. This also means buying in now is highly speculative — as we don’t know how successful this will be, or how much revenue they will create. Even if the project is successful, how much will that affect the token price?
Overall though, BAT is an active project making moves, with a successful backing of investors and a quickly growing user base — real adoption.